Analysis of Warren Buffett's Purchase of Heinz

So Warren Buffett purchases Heinz (HNZ) and I was curious to see why. Looking at the financial statements, this company has low Net Margins, but the the balance sheet looks really good. The low net margins can be easily fixed by making the operations more efficient. He probably purchased it because of the brand name. In addition, Heinz ketchup tastes better than Del Monte or Hunt's ketchup.

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